Lolzz.... apa macam AZRB??? got project on hand, nice government support, ALL Bank look highly on you.... LimPek invested 20,000 units on you since u below RM 1.
AND Yet u WATERFALL for no reason, Please, is there anyone here with news on this waterfall.....
i give u my reasons la. no. 1 - my bomoh said utang keliling pinggang wor.....project profit margin like kacang puteh....."pek" tender price like a shit.....vendors see also dare not participate wor...very hard to collect utang from them some more ....
no.2 - my bomoh say, if a vendor experiencing this, maybe the vendor is the trouble la....but if many many vendors saying / experiencing the same thing...better watch out lor....you do bad thing, the words echoes on the street
no.3 - i don't wanna talk more....later my bomoh get into trouble....
someone is pushing AZRB down... although there are many people buying up... Beware of culprit people... if I can attached an image here, you will see what I mean..
there is a culprit that is selling 1 unit (RM 87 ~ 90) every time, I think the culprit is pushing the price lower...
I just got mine at the price of RM 0.87:) good counter to keep for long as their financial result seems to be ok.
Their June financial result will be out by end of this week. stay tuned~~
We remain OVERWEIGHT on the construction sector despite a subdued 2QFY13 amid increasing risk of certain high-profile mega projects being rescheduled as the Government steps up efforts to narrow the country’s fiscal deficit. We are comforted by the Government’s assurance and firm commitment towards the Klang Valley MRT project, which by itself will keep the sector buoyant until 2017.
- Generally subdued 2QFY13. The latest quarterly results of construction companies were generally subdued, largely due to slow billings from new jobs and variation orders (VO), cost pressure and the recognition of certain lumpy negative items. Out of the 11 construction companies under our coverage that reported results, three missed expectations while eight met our forecasts.
- MRT unscathed; sector okay. The current construction upcycle is underpinned largely by the MYR73bn Klang Valley MRT project. Given the scale of this project, its impact can be felt along the entire value chain of the sector. While other mega projects in the pipeline also generate work, their impact is much more limited. In other words, the local construction sector will continue to do well as long as the Klang Valley MRT project is intact. As such, we would be unfazed if one or two, or even more mega projects, are deferred. Our key “intact” test now is the Cabinet approval for Line 2 by the end of the year.
- Maintain OVERWEIGHT. The construction sector’s prospects are strong, buoyed by the MYR73bn Klang Valley MRT project as well as other on-going and shovel-ready mega projects. We advocate a two-pronged stock-picking strategy, i.e. going for: i) high-beta highly liquid big-cap Gamuda (GAM MK: BUY, FV: MYR5.45) that will take the lead in terms of reaction to new price catalysts such as the Cabinet’s approval for Line 2 of the Klang Valley MRT project, etc; and ii) undervalued and under-researched mid- and small-cap stocks such as Pintaras (PINT MK, BUY, FV: MYR7.00) (for good piling rates on capacity shortage in the market), and Naim (NHB MK: BUY, FV: MYR5.63) as well as Ahmad Zaki (AZR MK, BUY, FV: MYR1.33), which are trading at huge discounts to their break-up value.
Good fundamental company, consider as a laggard within the sector and one of the most undervalued gem. With some of the mega construction contract yet to be awarded, AZRB definitely is one of the front runner for it. Plantation might be a drag for the time being as most of their oil palm still at young age, but later this would turn into another income generator for this company.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
tigerroar
542 posts
Posted by tigerroar > 2013-08-26 14:15 | Report Abuse
grrrr...... what happened to you?